ABB to Repurchase Shares for Up to $1 Billion in Fresh Buyback
23 Marzo 2023 - 11:17AM
Noticias Dow Jones
By Joshua Kirby
ABB Ltd. said Thursday that it will buy back shares of up to $1
billion, having completed a previous buyback program launched last
year.
The buyback will be launched next month and should run until
next year's annual shareholders' meeting, the Swiss technology firm
said. The move follows the completion of a share repurchase of
around $2 billion over the past year, the company said.
The program is consistent with ABB's capital-allocation
principles, it added.
Write to Joshua Kirby at joshua.kirby@wsj.com;
@joshualeokirby
(END) Dow Jones Newswires
March 23, 2023 13:02 ET (17:02 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
ABB (NYSE:ABB)
Gráfica de Acción Histórica
De May 2024 a Jun 2024
ABB (NYSE:ABB)
Gráfica de Acción Histórica
De Jun 2023 a Jun 2024
